New Four-Unit Residential
For Sale
$1,649,000
11075 Mesquite Ave, Desert Hot Springs, CA 92240
Brand-new 2025 construction featuring four separately metered, fully occupied 3-bedroom, 2-bath residences with attached garages.
Days on Market10
Property Features for 11075 Mesquite Ave
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Amenities
attached garages
private entrances
mountain views
Building Details
Building Size
5,808 SF
Year Built
2025
Tenancy
Multi
Listing Agency:
Listed By:
Amanda Lawler
Source:
Elliman
Added: Jul 25
Changed: Jul 26
Last Checked: Aug 2 at 11:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Amanda Lawler
Investment Insights
Based on property information with market context.
This brand-new 2025 four-unit residential investment property is fully occupied and designed for straightforward operations. The building offers four spacious 3-bedroom, 2-bath units with modern finishes, open-concept floor plans, private entrances, and attached garages for each residence. Each unit is separately metered for water, sewer, gas, and electricity, supporting independent utility tracking.
Set on a corner lot with contemporary architecture and mountain views, the property is positioned near shopping, schools, and dining, with access to Palm Springs and Interstate 10. The offering includes a fully leased rent roll with no HOA, keeping ongoing management and maintenance expectations aligned with new construction.
For buyers seeking a stabilized, newly constructed multifamily asset, this property provides four long-term rental homes within a single investment structure.
Set on a corner lot with contemporary architecture and mountain views, the property is positioned near shopping, schools, and dining, with access to Palm Springs and Interstate 10. The offering includes a fully leased rent roll with no HOA, keeping ongoing management and maintenance expectations aligned with new construction.
For buyers seeking a stabilized, newly constructed multifamily asset, this property provides four long-term rental homes within a single investment structure.
Key Highlights
- Brand‑new 2025 construction with four fully occupied units—each is a 3‑bed, 2‑bath residence.
- Each unit has an attached garage and a private entrance.
- Units are separately metered for water, sewer, gas, and electricity.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $148.5k | $25.56 |
| − Vacancy | −$2.7k | −$0.46 |
| EGI | $145.8k | $25.10 |
| − OpEx | −$43.7k | −$7.53 |
| NOI | $102.0k | $17.57 |
5,808 SF · lease $25.56/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.70M
NOI $102,046 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$1.34M
$1.18M – $1.57M
NOI $94,011 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,798 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Brand-new 2025 construction featuring four separately metered, fully occupied 3-bedroom, 2-bath residences with attached garages.
Where is this quadplex located?
The property is located at 11075 Mesquite Ave Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Brand‑new 2025 construction with four fully occupied units—each is a 3‑bed, 2‑bath residence.; Each unit has an attached garage and a private entrance.; Units are separately metered for water, sewer, gas, and electricity.
